Nas has grown into a business man over the last few years. From clothing lines to magazines, Nas has really stepped it up as he moves towards the latter years of his music career.
Along with his manager, manager Aymen Anthony Saleh, they have also invested money into more that 40 start-ups in hopes of getting that Mark Zuckerberg money.
The two have invested their own capital into 40 startups, including the Fancy, Coinbase, Rap Genius, Prism Skylabs, Zest Finance, Stance, mParticle, Proven, Earbits, Trendabl, Crowdtilt, 21E6, Balanced, MeCommerce, DeviantArt, 500 Startups, Push IO, Swarm Mobile, Glio, Boosted Boards, MadeFire, Fashion GPS, Washio, SellSimple, Hotelzilla, Signal Ventures, Clean Plates, BOXC, MediaSpike, CapLinked, and SendHub.
They’ve made a healthy commitment — more than 50 percent of their overall portfolio is now dedicated to startup investing. (For perspective, most institutional firms only allocate around five or ten percent of their overall portfolios to the risk-prone venture capital asset class.)
They’re not slowing down, either. Saleh says he and Nas plan to continue at their rapid pace, and if all goes well, they may follow in the footsteps of Lady Gaga’s former manager, Troy Carter, who is raising a $75 million fund from institutional investors to back startups.
Read more about Nas and his investment dreams here
Source: Global 14